Home Values

For 2015, Freddie Mac expects further moderation in the rise of home values, to about 3%.

Rental Market

The rental market had a very good year as expected. Vacancy rates fell to the lowest level since 2000, and developers began construction on the largest number of rental apartments in 25 years.

Here's where projections didn’t hit the mark:

Mortgage Rates

Many of us expected mortgage rates to inch up. But in fact, fixed-rates are now lower than they were a year ago.

In 2015? Freddie Mac expects rates to increase gradually.

Overall in 2015, Freddie Mac expects economic growth to be about 3%. We predict there will be more new jobs, and that incomes will rise along with housing starts and home sales (up about 4%). Long-term mortgage rates are likely to drift higher, but with fixed-rate mortgages staying below 5%.

Have a comment or question about this post? Email us to let us know what's on your mind.

NameE-mail AddressFeedback

Maximum of 250 characters.

Please review your form for errors

Your feedback has been received by Freddie Mac's Public Relations Department. While we may not be able to reply to you individually, your feedback helps us shape future blog posts for our subscribers. We hope to incorporate answers to commonly asked questions in future posts. Thank you for your feedback.

Last month, leaders from across the multifamily industry converged in Phoenix for Freddie Mac Multifamily's annual Customer Conference. The energy, enthusiasm and growth tells an important story about our business in 2017 and beyond.